NEW YORK and AUCKLAND, New Zealand — FCM360’s robust low-latency infrastructure cited as key benefit by Fidelis— FCM360 was recently selected to provide high-speed, low-latency hosting to Fidelis Capital Markets, the Auckland, New Zealand-based Foreign Exchange (Forex) broker that is known for flawless Straight Through Processing (STP), superb banking relationships and deep bank liquidity with tight spreads.
In making the decision, Rajinder Singh Grewal, Fidelis CM Director, cited FCM360’s ability to eliminate all worries over execution speeds due to latency. “With FCM360 we have servers in NY4 and NY2 with our aggregator and liquidity providers in the same data centers to eliminate any latency concerns. The servers are the lifeline of our business. Knowing that FCM360 is managing them allows us to provide a reliable trading environment to our traders and lets us concentrate on growing our business.”
FCM360 (http://www.fcm360.com) provides brokers of any size with a trading infrastructure comparable to the largest banks and financial institutions in the world. With FCM360, Fidelis CM can connect with anyone in the industry over low-latency, high-end infrastructure giving the firm a presence in every financial center in the world. To reduce latency to microseconds, algorithms are uploaded to sit in Equinix NY4 and LD4 or at any of the other major foreign exchange trading locations in the world.
Fidelis CM (http://www.fideliscm.com) is the latest client in FCM360’s global partner network of Forex brokers and liquidity providers. Last month, FCM360 brought high-speed, low-latency trading connectivity to South Africa by partnering with one of South Africa’s largest financial technology providers. FCM360 offers global brokerage firms and traders a level playing field in high-speed, low latency infrastructure. They have recently expanded these services to brokerage firms and traders in Moscow, Cyprus, India, Hong Kong, and Tokyo.
Grewal also noted, “FCM360 has been instrumental in fulfilling our company goal of providing low-latency trade execution to all our clients. They provide us with a turnkey solution to meet our data-center management needs which is already helping us grow at an accelerated pace.”
Fidelis CM was founded in 2011 on a Non Desk Dealing (NDD) business model and is known for delivering a true Electronic Communication Network (ECN) with Straight Through Processing (STP). Fidelis CM also provides Tier 1, multi-bank liquidity, low latency access to exchanges.
Grewal’s selection was also based on FCM360’s worldwide reputation for reliability – especially during major weather events or terrorist activity. During Hurricane Sandy FCM360 clients remained operational throughout the hurricane and its aftermath while other institutions had to cease trading. Said Jubin Pejman, FCM360, managing director, “To further enhance our reliability we are moving parts of our operation away from the more vulnerable financial centers. For example, FCM360 has established data center engineering operations in the Washington, DC area and a Network Operation Center (NOC) and Call Routing Facility in Seattle, Washington.”
The managed dedicated hosting solutions provided by FCM360 allow clients to run any black box, algorithm or exchange approved OMS/ISV software within low latency proximity to exchanges and liquidity pools in the North America, Europe and Asia.
Fidelis CM offers a true institutional environment and is able to provide liquidity to other brokers with a robust aggregation engine that supports any prospective client. The firm also provides dedicated MT4 broker servers in Equinix NY4 and LD4 locations as is often needed by its institutional clients. Fidelis CM is offering turnkey Forex servers for its MT4 and FIX trading clients within micro-seconds of the matching engine.
Future plans call for offering daily trading call, online tutorials and market analysis.
Fidelis offers free Forex demonstration accounts and tutorials.
FCM360 (http://www.fcm360.com) specializes in turnkey datacenter solutions for traders and exchanges. This includes proximity hosting for high frequency trading, low-latency trading, automated trading, algorithmic trading and exchange connectivity. FCM360 provides low-latency exchange connectivity to over 50 exchanges including CME Group, NYMEX, COMEX, CBOT, KCBOT, ICE OTC, ICE Futures, CBOE, Toronto Montreal Exchange (TMX), Australian Securities Exchange (ASX), Singapore Exchange (SGX), BM&F Bovespa, Mexican Derivatives Exchange (MexDer), BATS, NYSE LIFFE, NASDAQ OMX United States/Europe, NYSE Euronext, London Stock Exchange (LSE), Toronto Stock Exchange (TSX), Currenex, Hot Spot FX, Integral FX, Direct Edge, FX All, TradeStation, ICAP EBS, Reuters Dealing 3000, Lava FX and more.
Fidelis Capital Markets Limited (http://www.fideliscm.com) is an award-winning fast growing online Forex broker regulated in New Zealand. The company’s management has decades of experience in the Forex industry and have used their industry experience and relationships to get the best product offering for its clients. Fidelis CM’s experience gives it the insight needed to precisely understand the requirements of its traders. The business culture has been built on the core values of trust, credence and transparency. Fidelis CM offers a flawless and reliable STP model and has ceaselessly fostered excellent banking relationships to provide deep bank liquidity with tight spreads. Its work methodology is based on the NDD model facilitating cleaner execution without re-quotes. Fidelis CM serves all spheres of the market such as retail traders, institutional clients, network of IB and Money Managers, white label solutions and offers liquidity solutions to its partners. At CIOT Expo 2013, China, Fidelis was awarded the fastest growing online Forex broker award in 2013. Fidelis is registered under FSPR, New Zealand.